When Does Uber Become Cheaper Than Owning A Car?
At what point will it become less expensive to rely on someone else to drive you around rather than driving yourself? In a Medium post, HomeHero founder Kyle Hill does the math to find out. As with any broad economic model, there are a number of external factors that could influence it. The overall cost of owning a vehicle will be determined by its gas mileage, the cost of gas in any given market, the length of one’s commute, and (if applicable) the cost of parking in a major city.
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